Word: gibraltars
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Dates: during 1940-1949
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...said, was the essence of German and Italian fascism and the U.N. passed a resolution advising its members to withdraw their diplomatic missions. The object of this was either to tame Franco or bounce him out of Spain. It failed miserably. Great Britain, looking ahead to the day when Gibraltar would be vulnerable, signed a trade agreement with the dictator, and the United States was afraid that Spain would be consumed by Civil War if Franco left the scene. With this tacit carte blanche, Franco launched a purge, the most ferocious since 1939, under the guise of an anti-communist...
Franco offered to get into the war on the Axis side in the summer of 1940. But Hitler, riding high, had no military need of him and wouldn't hear of the Spaniard's price: Gibraltar and a huge African empire...
...Prudential Insurance Co., whose advertisements boast that it "has the strength of Gibraltar," received a 1½-ton chunk of The Rock itself, to be set in the corner stone of its new West Coast offices...
...concentrated air attack (based on Gibraltar) on German positions in North Africa prior to the landings...
...impact of the Empire crisis (see FOREIGN NEWS). A selling wave sent common stocks crashing down eleven points to 119 on the Financial Times index, their worst fall since Dunkirk. Even consols (British Government bonds), which are generally regarded by Britons to be as solid as the Rock of Gibraltar, sagged to a two-year low, then rallied slightly. The scare caused a shiver in Wall Street, where the ten-week long upswing in stock prices suddenly halted. The Dow-Jones industrial index dropped 3.85 points from the July high of 187.66. This week the market slipped off again, with...